Payments Module

PaymentsApplication software specially designed for Accounting Department. Selection of Outstanding Payables due in certain period. Supports partial payments, on account payments and bank transfers. Selection of Invoices, Prepayments and Credit Notes to be included at a certain remittance. Supports Multiple banks for each Creditor for each payment currency. Automatically creates Accounting Entry. Automatically creates Remittance Advice Bank letter, Remittance Letter, Check etc. Payments module can be customised to meet specifically your company format. Reports: Outstanding per creditor, outstandings per currency and creditor, list of outstanding items.